Wednesday, October 8, 2008

Thoughts From The Editorial Board...

Boxcar John: The debate was unremarkable. Both men said what you expected them to say. Obama had a chance to seal the deal: had he shown some passion in addition to his mastery of the issues, he might have cemented his lead irrevocably in place. Instead he was once again dispassionate and aloof. McCain, on the other hand, needed to somehow show new energy and ideas, and instead he stuck to the same old script. Verdict: McCain has just enough life left that some unforeseen event could conceivably push him back in it, but time is running out fast.


Fast Kenny:
I thought McCain sounded disjointed and incoherent many times and ineffective at making his case. Both dealt mainly in generalities, but Obama sounded more coherent and more convincing in that he has a general plan and set of guiding principles and priorities that will help the country.

Obama briefly zinged McCain on McCain's past deregulation efforts, an issue I'd hoped Obama would hammer on more. "Cronyism" was a term McCain mentioned more than once, as something he detested, which is odd considering that was the enabling factor of McCain's entire career. McCain also brought up his across-the-board spending freeze plan for all government programs, which though it seems like a sledgehammer approach to a complicated budget, I don't know that it's not necessary in order to draw needed attention.

The predicted mud-slinging didn't happen tonight and the discussion was focused mostly on economic and foreign policy issues, which I think worked in Obama's favor. I guess McCain is nobly relegating the mud-slinging to his lipstick-wearing pit bull side-kick.
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2 Comments/Leave Yours:

doc at forums forums .com said...

Good comments on the debate guys. I posted the comments on my forums to see if they would generate discussion.
Check it out here: http://www.forumsforums.com/3_9/showthread.php?p=203685#post203685

I like McCain and think he would made the better president. But Obama performs well in the debates. He is a better speaker and does not say "My Friends" ever time he speaks. Neither gained or lost ground IMO. A major opportunity lost for McCain.

TennisBum said...

I agree this debate will do little to swing fence sitters.

As far as taxes it amazes me that people do not realize that the US tax system is already a tiered system. The wealtiest 1% already contribute 40% of total taxes collected. They pay their share and then some. This comes directly from IRS data not either party.

What people do not realize is that continued taxing of the "wealthy" ulitmately means less jobs. Like it or not if the Government raises taxes on the wealthy, the wealthy are going to react by figuring out how do I operate more efficiently so I don't take a cut in income. They automate, use technology, outsource, and cut payroll. Perhaps some would call that greed but I call it reality, and the reality is increased income taxes on any class will have a negative impact

In 2006, the top 5% of U.S. taxpayers, those with gross annual incomes of at least $153,500, paid about 60% of all income tax collected. In contrast, the 50% of taxpayers with incomes under $32,000, paid less than 3% of the total taxes collected. Taxpayers in the top 1%, those with incomes of $388,800 or more, paid almost 40% of all taxes collected.
The 40% of all federal taxes paid by the wealthiest 1% of Americans represents the highest percentage of all taxes they have paid since 1986, according to a July 21, 2008 report issued by the Joint Economic Committee (JEC).

If you think Obama won't raise taxes on the middle class as well as the waelthy you are naive. Clinton gave the same promise back in 1992 saying he would only raise taxes on those making over $200k. In 1993 he raised taxes on all but the poorest class.